LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE SECOND QUARTER OF 2023 - $0.65 PER COMMON SHARE

The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.65 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2023 and is to be paid on July 26, 2023 .

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

Cision View original content: https://www.newswire.ca/en/releases/archive/June2023/14/c5114.html

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CASH DIVIDEND FOR THE FOURTH QUARTER OF 2024 - $0.75 PER COMMON SHARE

The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.75 per Common Share. The dividend is payable to holders of record at the close of business on December 31, 2024 and is to be paid on January 29, 2025 .

Labrador Iron Ore Royalty Corporation Logo (CNW Group/Labrador Iron Ore Royalty Corporation)

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on all iron ore products produced, sold and shipped by IOC and a 10 cent per tonne commission on all iron ore products produced and sold by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/13/c5641.html

News Provided by Canada Newswire via QuoteMedia

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Australian flags at event.

Australian Workers Union Pushes to Re-unionise Pilbara Mine Workers

The Australian Workers Union (AWU) is looking to re-unionise mine workers in Western Australia's Pilbara region following the Labor government's new workplace laws, various news agencies said.

Ahead of the AWU National Conference, held last week in Perth, the Australian Financial Review reported that AWU National Secretary Paul Farrow called out major mining companies operating in the area.

“(The big miners) are having a tough time coming to terms with the fact we now have an Australian government that wants to help real Australians instead of just being the obedient servant of mining corporate interests,” he said. “Pilbara mine workers used to enjoy coverage under enterprise agreements and that’s the situation we need to get back to.”

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Business handshake.

Top 5 Canadian Mining Stocks This Week: Black Iron Up 78 Percent on Offtake Deal

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX and TSXV, starting with a round-up of Canadian and US news impacting the resource sector.

The S&P/TSX Venture Composite Index (INDEXTSI:JX) climbed 0.91 percent on the week to close at 608.54 on Friday (November 8). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 2.1 percent to 24,735.99.

Statistics Canada released its October Labor Force Survey on Friday (November 8). The announcement said there was little change to employment, with the economy adding just 15,000 jobs during the month and the unemployment rate holding steady at 6.5 percent.

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LABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024

To the Holders of Common Shares of Labrador Iron Ore Royalty Corporation

The Directors of Labrador Iron Ore Royalty Corporation ("LIORC" or the "Corporation") present the third quarter report for the period ended September 30, 2024 .

News Provided by Canada Newswire via QuoteMedia

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Round iron bars in stacks.

Top 10 Iron Ore-producing Countries (Updated 2024)

Iron ore prices have displayed volatility in the past few years as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war and rising levels of inflation.

Prices for the base metal reached a record high of over US$220 per metric ton (MT) in May 2021, but it wasn't long before they declined to a low point of US$84.50 in November of that year. At the time, analysts identified lower demand from China alongside rising supply levels as reasons why prices dropped so drastically in late 2021.

Iron ore prices rebounded to trade in the US$120 to US$130 range in 2023, spurred on by supply issues in Australia and Brazil, as well as the Russia-Ukraine war; higher export duties in India and renewed demand from China have also contributed to the commodity's higher prices.

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Mineral Resources Founder Ellison Steps Down After Probe, Faces AU$8.8 Million in Penalties

Mineral Resources (ASX:MIN,OTC Pink:MALRF) founder Chris Ellison will step down as managing director at the company after an internal investigation prompted by an October 18 Australian Financial Review report.

The company said in a Monday (November 4) press release that its board will impose AU$8.8 million in financial penalties on Ellison; he will also lose remuneration of up to AU$9.6 million as a result of his actions.

Ellison will continue acting as managing director until a successor is found within the next 12 to 18 months.

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